Renting & Real Estate

Supertech to invest Rs 4,000 cr in 15 projects; plans IPO

Real estate firm Supertech today said it will invest Rs 4,000 crore for developing 15 realty projects across North India in the next three years, and it is planning to raise capital through a public offer.


China Mobile investing $5.8B in Chinese bank

China Mobile Ltd., the world’s biggest phone company by subscribers, said Wednesday it was investing $5.8 billion in a Chinese bank as part of a plan to develop mobile phone banking and business


City Center Hotel owners plan to invest own money into rennovations

A representative of the City Center Hotel told the Oshkosh Common Council Tuesday its owners planned to invest up to $2.5 million of their own money to match the possible $5.5 million they hope to borrow to renovate the downtown hotel.


Norway finds Malaysia a good place to invest in

Malaysia, KUALA LUMPUR: Norway considers Malay’sia a worthwhile place to invest, Crown Prince Haakon Magnus said. He added that the business sector was the key element for his three-day visit to Malaysia with Crown Princess Mette-Marit.


Prime real estate in Morocco offers a solid investment

According to leading international agent Knight Frank, luxury and prime property in Morocco, particularly in the cosmopolitan city of Marrakech, is in high demand from discerning professional investors and second home owners from around the globe, who are seeking a relatively lower-risk real estate investment in a country less affected by the recession than others like the UK and USA.


KEEN INTEREST FROM HOLLAND TO INVEST IN MALAYSIA, SAYS MIDA D-G

KUALA LUMPUR, March 10 — There has been a strong signal of interest from potential investors from Holland to invest in Malaysia, especially in the services sector, says Datuk Jalilah Baba, Director-General of the Malaysian Industrial Development Authority.


Brazil’s Petrobras to invest 44.6 bln USD in 2010

Brazil’s state-controlled oil and gas giant Petrobras will invest a total of 79.5 billion reais this year, the company said Tuesday.


3G Buildouts Push up Mobile Network Investment

Analysts expect mobile infrastructure investment to rebound slightly this year, led by 3G buildouts and upgrades.


Final Glance: Investment Banks companies

NEW YORK — Shares of some top investment banks companies were down at the close of trading: Goldman Sachs fell $.99 or .6 percent, to $168.85. Morgan Stanley fell $.53 or 1.8 percent, to $29.05.


Israel visa restrictions block investment: Palestinians

Israeli visa restrictions are the main obstacle to foreign investment in the West Bank and the Gaza Strip, the Palestine Trade Centre said in a report on Monday.